Please answer 8,9,10 Bè achieved if resources were fully empiOyedc. demand is likely to falld. imports are likely to fall9. In consumer behavior the culture, social class, and reference group influencesd. growth făté8. In a potential economic growth rate:a. unemployment is likely to fallb. prices are likely to fallhave been related to purchase andc. consumption decisionsd. physiological influences10. Changes in consumer values have been recognized by entrepreneurs expandinga. economic situationsb. situational influencesa. latest technologyb. timesaving and convenience-a. health relatedb. communicationoriented

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Answered: 8. In a potential economic growth rate:…

8. In a potential economic growth rate: a. unemployment is likely to fall b. prices are likely to fall c. demand is likely to fall d. imports are likely to fall

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

ChapterD: The Expenditure-output Model

Section: Chapter Questions

Problem 25CTQ: Exercise D25 What role does government play in stabilizing the economy and what are the tradeoffs...

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